Following Notice No. 1089/XNK-XXHH of Agency of Foreign Trade (AFT) on the issuance of electronic C/O for 11 C/O forms E, AI, AJ, AANZ, AHK, RCEP, S, VC, VJ, VN-CU and CPTPP which were announced to you in KEN NEWS on 2nd January 2024, AFT issued Notice No. 14/TB-XNK to announce the issuance of C/O form AI under the framework of the ASEAN-India Trade in Goods Agreement (AITIGA) for Vietnam's exported goods as follows: At the request of Indian customs authorities, the C/O issuing organizations continue to issue hard copies of C/O form AI for goods exported to AITIGA’s member countries. After...
BORDER GATE SITUATION NEAR LUNAR NEW YEAR IN VIETNAM
As Tet is approaching, import and export are also bustling through Vietnam - China border gates especially Lang Son and Lao Cai border gates. The number of vehicles clearing import and export have been increasing sharply these day because at this time domestic businesses promote export activities of Tet goods. At the same time, domestic manufacturing businesses also increase the import of consumer goods, products, machinery components,... to serve production at the end of the year and near Tet. In Lang Son, the number of vehicles clearing import and export through 6 road border gates: Huu Nghi, Chi Ma, Tan Thanh, Coc...
OVERVIEW OF SOME NOTABLE POINTS OF CUSTOMS REGULATIONS IN 2023
When Lunar New Year (Tet Holiday) is coming closely, Customs Department is also managing strictly to confine smuggling and trade fraud. So we are so pleased to provide you about overview of some notable of customs regulations in 2023 based on cases Ken handed as following. Please kindly refer customs regulations we provied to ensure that you company will comply right regulations, avoid fines and always have smooth import – export activities. We hope that the provided information will be helpful to your side and we will strive to provide you useful information related to logistics in the future. CUSTOMS REGULATIONS No. Field Circular No. Content 1 EPE (EXPORT PROCESSING...
ISSUING ELECTRONIC FORMS WITH 11 TYPES OF CERTIFICATE ORIGIN (EFFECTIVE FROM 1ST JANUARY 2024)
Starting from 1st January 2024, the Ministry of Industry and Trade (MOIT) will apply electronic C/O forms for 11 forms such as E, AI, AJ, AANZ, AHK, RCEP, S, VC, VJ, VN-CU and CPTPP. Excepting C/O forms such as EUR.1 (EVFTA), EUR.1-UK (UKVFTA), EAV and some specific cases with forms E, AI granted for exporting to Thailand. Because the C/O will be issued as electronic forms, businesses may not have to submit a hard copy. But in case of necessity, businesses will print the C/O according to the instructions of the MOIT.
SITUATION OF CARGO VESSELS AFTER OCCURRING ATTACKS IN THE RED SEA
On 15th and 16th December 2023, on the Red Sea – out side of Suez Canal have attacks on ships of Hapag-Lloyd and Maersk. Therefore, four major shipping companies, including Denmark's Maersk, Germany's Hapag-Lloyd, Switzerland's MCS and France's CMA CGM, have temporarily suspended operations across the Red Sea. The Red Sea has the Suez Canal at its northern and the narrow Bab el-Mandeb strait at its southern, leading into the Gulf of Aden. It is a busy maritime route with ships passing through the Suez Canal to transport goods between Asia and Europe. Therefore, the Bab-el-Mandeb Strait along with Egypt's Suez...
BORDER GATE SITUATION AT THE END OF 2023
At the end of the year, the number of import and export goods passing through the Vietnam - China border gate is increasing sharply. Along with facilitating the most favorable conditions for import-export businesses, the customs has implemented many measures to strictly control, monitor and prevent trade fraud, strictly handle violations, strengthen inspection, supervision of import and export goods and prevent loss of taxes. Grasping the sharp increase in import and export at the end of the year, customs has implemented many measures to achieve the highest efficiency of clearing customs situation as follows: Prioritizing the customs clearance of agricultural products. Shipments...